At Fidelity, we secure every facet of our business to protect what matters most – the trust of our customers and clients who rely on us to safeguard their information and assets.
With a dedicated team of cybersecurity professionals and security integrated into our business, technology, and culture, Fidelity’s cybersecurity program meets high standards and has achieved multiple industry certifications. We continuously monitor the environment to evolve our program to guard against the latest threats as well as meet our customers’ and clients’ changing needs.
Protecting our networks and your data
An extensive range of safeguards, multiple layers of security, and 24/7 surveillance are in place to secure our networks, and customers’ data and interactions with us. By design, some protections are visible and some are not.
Network security
Fidelity implements a large number of industry standard network security controls including but not limited to firewalls, intrusion detection systems, proxy servers, advanced anti-malware, and denial of service protection.
At our offices
We vigilantly monitor all work areas to prevent theft or unauthorized use of your sensitive information. In addition, authorized persons can only enter work areas through use of a security badge. Professional security personnel staff Fidelity offices, campuses, and data centers 7 days a week, 24 hours a day
Associate education
Our holistic approach to security includes making sure our associates understand their role in protecting our company and customer accounts, and adhere to our security policies. We require regular training for all personnel on data protection, and specialized training for certain roles. Our associates who work directly with customers receive extra education on the latest methods used by criminals to commit identity theft and fraud.
Legal and regulatory compliance
Fidelity has corporate-level policies and procedures designed to ensure awareness of and compliance with applicable technology, security, and privacy laws, regulations, and to align internal policies, controls, and actions to address those requirements.
FAQs
Fidelity implements a large number of industry standard network security controls including but not limited to firewalls, intrusion detection systems, proxy servers, advanced anti-malware, and denial of service protection.
How are my assets protected at Fidelity? ›
The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. The SIPC will cover up to $500,000 in securities, including a $250,000 limit for cash held in a brokerage account.
Is it safe to keep all your money in Fidelity? ›
Fidelity is not a bank and brokerage accounts are not FDIC-insured, but uninvested cash balances are eligible for FDIC insurance. Balances above $5 million may be placed in a non-FDIC insured money market fund, which earns a different rate. 1. Yield may vary due to market conditions.
Is Fidelity Online safe? ›
We're committed to your security
We safeguard your accounts with strong encryption, firewalls, secure email, and proactive 24/7 system surveillance.
Is my money secure in Fidelity? ›
Protecting your assets
With our Customer Protection Guarantee, we reimburse you for losses from unauthorized activity in your accounts. We also participate in asset protection programs such as FDIC and SIPC to help provide the best service possible. See our protection guarantee and account coverage.
Is it safe to keep more than $500,000 in a brokerage account? ›
They must also have a certain amount of liquidity on hand, thus allowing them to cover funds in these cases. What this means is that even if you have more than $500,000 in one brokerage account, chances are high that you won't lose any of your money even if the broker is forced into liquidation.
How much money is safe in Fidelity? ›
The SIPC will cover up to $500,000 in securities, including a $250,0002 limit for cash held in a brokerage account. All Fidelity brokerage accounts are covered by SIPC.
What happens if Fidelity collapses? ›
If a brokerage fails, another financial firm may agree to buy the firm's assets and accounts will be transferred to the new custodian with little interruption. The government also provides insurance, known as SIPC coverage, on up to $500,000 of securities or $250,000 of cash held at a brokerage firm.
How financially stable is Fidelity? ›
Fidelity was voted the most trusted wealth management company for 2023, earning top rankings for "financial soundness, quality of products and services, protecting privacy and security, and sensitivity to customer needs."
Is Fidelity too big to fail? ›
Whether this makes Fidelity “too big to fail” or not is up for debate, as that term usually applies to banks instead of brokerage firms. However, it seems very unlikely that the US government would allow such a large and systemically important firm to fail in a worst-case scenario.
Fidelity has average trading and low non-trading fees, including commission-free US stock trading. On the negative side, margin rates and fees for some mutual funds can be high.
How trustworthy is Fidelity? ›
Is Fidelity a safe company to invest with? Yes, Fidelity is one of the safest brokerages to invest with. It's an industry leader with a stellar reputation and fully regulated in the U.S. with the SEC and FINRA, is trusted by over 43 million people and holds over $11.5 trillion in assets under administration.
What happens if someone hacked my Fidelity account? ›
As part of our ongoing commitment to our customers, we're proud to offer our Customer Protection Guarantee: We will reimburse your Fidelity account for any losses due to unauthorized activity. Our Customer Protection Guarantee is designed to provide you with peace of mind when doing business with Fidelity.
Is Fidelity safe from hackers? ›
Fidelity implements a large number of industry standard network security controls including but not limited to firewalls, intrusion detection systems, proxy servers, advanced anti-malware, and denial of service protection.
Can Fidelity manage my money? ›
With Fidelity Go® you'll start by telling us about yourself and your individual financial goals so that we can suggest an investment strategy for your account. We'll then manage your money in accordance with your goal, helping you track your progress along the way. Once your account is open, you can add money to it.
Is it safe to link my bank to Fidelity? ›
In some cases, your login credentials are required for us to complete the verification process and confirm that the bank account being linked is actually your bank account. Fidelity only uses this information once during the login process, and the data is not stored in any manner whatsoever.
Is my money protected in a brokerage account? ›
The Securities Investor Protection Corporation (SIPC) is a nonprofit membership corporation that protects customers of SIPC-member broker-dealers if those firms were to fail financially. SIPC protects brokerage accounts of each customer up to $500,000, including up to $250,000 for cash.
How are my investments protected? ›
The FSCS might apply if you lose money because your investments have not been administered correctly, or as a result of misrepresentation or fraud, and the authorised firm concerned has gone out of business and cannot pay compensation or return your investments or any cash held on your behalf.
How do I make my Fidelity account more secure? ›
Extra login security with multi–factor authentication
- To increase your security when you log in, visit your Security settings and turn on your preferred MFA method.
- Confirm or update your email and mobile phone number in your Profile , so we can reach you when we need to.
An individual may transfer the legal right to an asset to their spouse, relative, or a trusted friend to protect it from creditors' claims. This allows the debtor to possess their asset without the risk of losing it to creditors.
